HVAC Netting $213K-10% Down To Buy

Business Overview:

This business has been pre-qualified for a loan with buyer only needing 10% down ($30,000). Buyer would take home after paying debt service $168,000. Buyer would earn their down deposit back within 2.5 months! This HVAC company has been in business since January 2001. The business involves the sales, service, and installation of all types of heating and air conditioning systems, boilers, hot water heaters, ductwork as well as preventative maintenance, emergency service and yearly service contracts for approximately 300 commercial and residential clients. The area of service includes areas in Philadelphia, Bucks, Delaware, and Montgomery counties. The client base is a combination of commercial and residential customers. Most new customers they receive are from word of mouth, customer referrals. The current client base is steady, repeat customers that rely on this company for their HVAC needs. There are many maintenance agreements that have been in place for years. owner willing to stay on for a year rent or purchase building 4 trucks & other major equipment included in sale price 60% commercial - They have longterm commercial customers with contracts 23 years in operation owner is training his replacement already that has 45 years of experience in HVAC

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Property Features and Assets:

Assets = $227,500

Reason for Selling:

Retirement.

Additional Details:

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